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Jan 19, 2013
01/13
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you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so, look,er erhe's going to put them in their place and demonize them and sigma advertise them. >> we are going to see-- they're looking for a look on the radio, the president of the united states like a left wing talk show host. we're in the midst of a revolution and it's a take no prisoners revolution. when he talks about the elderly talking about obamacare and medicare, and talk about not caring whether important enough to eat, that's food stamps, as jason sucked he suggested he's looking for a way to transfer the wealth, not from just from the wealthy, but down to-- >> he's popular, personal approval rating
you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so,...
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Jan 17, 2013
01/13
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and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the idea that we could eliminate the individual income tax. >> greta: i imagine though if you're taking advantage of that sales exemption tax you're not going to be particularly fond of this idea. how are you going to convince those people it's a good idea? >> well, that's the challenge we have, but again, many of these were implemented four or five decades ago. we have a different economic environment then and again, as i talk to business leaders, they said, you know what? if you can make it simpler and fairer we're willing to go
and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the...
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Jan 15, 2013
01/13
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provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had delivered what many described as one of the most electrifying keynote speeches in american history at the democratic national convention that year in boston. tavis: it is fascinating to me, coming into the national consciousness as we were talking the other day, we were talking and it was fascinating to sit here in this hall and watch you come into the process of -- consciousness of everyone across the country. >> the nice thing aside from having a wife who has a great sense of humor and does not take this stuff too seriously, to remind you of who you are, what i tried to do in that speech is give voice to what i
provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had...
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Jan 17, 2013
01/13
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we can be for lower taxes, less government, less regulation. we can agree on that. but that is sick. why don't they call him up and say shut up once in awhile. your thoughts? >> they should. and if rush limbaugh actually saw that classroom after that morning, the reality of the situation that we're talking about. >> two to eleven bullets in each kid. unrecognizable children. remember being in first grade? >> i have a son who's there. >> we all remember it a little bit. in a powerful moment today the president spoke about meeting the parents of newtown victim grace mcdonnell. there she is. let's take a look. >> grace was seven years old when she was struck down. just a gorgeous, caring, joyful little girl. i'm told she loved pink. she loved the beach. she dreamed of becoming a painter. chris, her father, gave me one of her paintings. and i hung it in my private study just off the oval office. and every time i look at that painting, i think about grace. and i think about the life that she lived and the life that lay ahead of her. and most of all i think about how when
we can be for lower taxes, less government, less regulation. we can agree on that. but that is sick. why don't they call him up and say shut up once in awhile. your thoughts? >> they should. and if rush limbaugh actually saw that classroom after that morning, the reality of the situation that we're talking about. >> two to eleven bullets in each kid. unrecognizable children. remember being in first grade? >> i have a son who's there. >> we all remember it a little bit....
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Jan 21, 2013
01/13
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obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to...
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Jan 20, 2013
01/13
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people that pay taxes in this beautiful nation. we have people coming in -- and i will use my own place of birth, cuba. >> i will stop you there. two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents we have seen recently, in newtown, aurora, colorado. i think there will be time to get into the thick of these issues after tomorrow, but tomorrow will be a chance for the president, really, to bring the country together and say we need to reach common ground on some of the major problem we face. >> you were inside the bush white house. the president put on the table two big domestic agenda items, immigration reform, primarily because his own party said no, and social security reform. >>what advice would you give president obama, based on the lessons tha
people that pay taxes in this beautiful nation. we have people coming in -- and i will use my own place of birth, cuba. >> i will stop you there. two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents...
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Jan 21, 2013
01/13
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obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to...
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Jan 17, 2013
01/13
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obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy marshal. wait a minute, so you didn't mention his kids, but we'll use these other kids as props and exploit them in the background here, a little hypocritical? >> not at all. >> no? >> you know i'm the mom of two kids, four and five. nobody can exploit my children except me, so, if you think anybody exploited them, and i don't think they he were exploited, it's the parents. the parents agreed, the kids sent the president a letter and sean, this is about the kids, i'm not going to start singing whitney houston "the children of our future", i promise. >> sean: and i take your point and i think generall
obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy...
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Jan 19, 2013
01/13
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obama demands th pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a polit
obama demands th pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by...
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Jan 13, 2013
01/13
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congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need for the joint strike fighter. there are tough decisions that have to be made. leadership in the military was difficult. there are things that are made now that will now be made in the future. that is what it takes to get our defense budget under control. in the question of closing loopholes, the president's budget has a number of specifics. we also have provisions that would take away the tax benefits to come to companies that export jobs. we think it is important to have our policy and tax code designed do reflect what we need to do in our economy. for the future, we need to develop new and renewabl
congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need...
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Jan 16, 2013
01/13
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we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would be nicer if he pushed for statehood for the district. >> right. we were just talking about president clinton and how much money would you spend to spend a day with him? leoe leon ardo decaprio first spent a $100,$000 and they joined forces, a combined $400,000 to spend a day with clinton. no word on what they will be doing. >> havingan restaurants, i think. >> a lawsuit. >> i have to tell you, you it will be a busy day because that man stays on the move. he does four or five a day. >> you have to pay $400,000 but if you are like jessica alba, whoever at the golden globes haul them in a room, cl
we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would...
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Jan 15, 2013
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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Jan 20, 2013
01/13
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WMAR
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tax law allows us to provide a better tax deduction to their donors. we get cars that have 250,000 miles at auction. that donor gets what we sell the car for. if we get a car in good condition that goes to lower income family our donor deducts fair market value. that's huge. it is twice as much as a car that sells at auction. >> tell me how people can get involved? is there a website to go to? tnyçeasiest way to go through û vehic for change.org. on our website they can to donate your car. there is a form you fill out. it takes a couple of minutes. we ask a lot of questions about the automobile. so we can determine what we can do with the vehicle. does it run? does it have body damage? it is simple. it comes to us. we let the donor know what we can do with the car and what their tax deduction will be. as an easy process. >> what do you see in your future for the company. >> today is exciting. we are going to settlement on a big building we have purchased in baltimore. just in baltimore county. it is 33,000 square feet. our goal is to expand our pro
tax law allows us to provide a better tax deduction to their donors. we get cars that have 250,000 miles at auction. that donor gets what we sell the car for. if we get a car in good condition that goes to lower income family our donor deducts fair market value. that's huge. it is twice as much as a car that sells at auction. >> tell me how people can get involved? is there a website to go to? tnyçeasiest way to go through û vehic for change.org. on our website they can to donate your...
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Jan 18, 2013
01/13
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
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Jan 20, 2013
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. >> stop cap and tax! stop cap and tax. >> meanwhile, across the country, a new political force was mobilizing, the tea party movement, who aimed to push the government further to the right. >> stop spending money, now. >> in the 2010 midterm elections, the republicans, many backed by the tea party, won the house and weakened the democrats in the senate. most of these freshman came to washington now, not to meet and negotiate, but to demolish a government they saw as bloated, rotten, tyrannical. >> the reason we came here, the new freshman are here, is because the american people said, enough. >> can you hear us now? can you hear us now? >> sometimes the opposition to the president took an uglier, even racist tone. false claims first heard during the campaign reemerged, questioning obama's religion, denying he was born in the country. >> he is not an american citizen! he is a citizen of kenya! >> did it surprise you that at this point in our history, they would try to de-americanize this guy? did it surpri
. >> stop cap and tax! stop cap and tax. >> meanwhile, across the country, a new political force was mobilizing, the tea party movement, who aimed to push the government further to the right. >> stop spending money, now. >> in the 2010 midterm elections, the republicans, many backed by the tea party, won the house and weakened the democrats in the senate. most of these freshman came to washington now, not to meet and negotiate, but to demolish a government they saw as...
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Jan 19, 2013
01/13
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we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's coming up in the program. you have been watching the white house. this week president obama as part of his proposal on gun violence had a study on violent video games and cheryl olson the author of "grand theft childhood." later john lott will join us. he is the author of "more guns, less crime." he will be on to talk about the president's proposal to reduce gun violence. all throughout the district of columbia we have our c-span photographers out there taking in photos and event it's leading up to the inauguration.
we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's...
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Jan 14, 2013
01/13
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let's take corporate tax. it seems likely that there'll be a yearlong debate about corporate taxation here in washington in the year 2013. most businesses are global in some respect now. not all, but most big businesses for sure. if you're a big business and you look over to china, you'll see in their five-year plans in energy or in information technology specific promises to have a 15% corporate income tax rate. you come to the united states, you have no predictability, you don't know what it is, and the current rate is much, much higher than that. we need reforms that say to businesses we want you to invest here in the united states. while we're having this big debate about corporate tax reform, let's include in it specific reforms for the energy sector that, in fact be, are designed to attract a massive amount of new investment to build a clean energy platform. let's have that be a subpart of the corporate tax reform debate. another example, the carbon tax. the carbon tax is a prod-based -- broad-based tax
let's take corporate tax. it seems likely that there'll be a yearlong debate about corporate taxation here in washington in the year 2013. most businesses are global in some respect now. not all, but most big businesses for sure. if you're a big business and you look over to china, you'll see in their five-year plans in energy or in information technology specific promises to have a 15% corporate income tax rate. you come to the united states, you have no predictability, you don't know what it...
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Jan 13, 2013
01/13
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there is a case where the university lost their tax exemption so similarly they could not collaborate but i practice of polyandry the administratively is impossible because it creates sony layers of families but the administrative difficulty has to be really extreme there is one case that i know of where native american family refuses to give their number a social security number. but they said that is so fundamental comintern's out she was given one anyway. but you have to go out far on a limb. reynolds's the case where a polygamous may and lhere a polygamous may and lost but it was not applied to the state law yet. they thought they would win it was just terrible bigotry there is a scholar who wrote that mormons were african waffle of racial tropes you see the description is circulated at that time that all these things combined to have squared jaws then they said the comical thing that polygamy is patriarchal. with think of a monogamous marriage? the only difference with utah and the west's lead in the polygamist mayors they could vote because they had the vote in the territory but
there is a case where the university lost their tax exemption so similarly they could not collaborate but i practice of polyandry the administratively is impossible because it creates sony layers of families but the administrative difficulty has to be really extreme there is one case that i know of where native american family refuses to give their number a social security number. but they said that is so fundamental comintern's out she was given one anyway. but you have to go out far on a...
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Jan 17, 2013
01/13
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, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing would then the china -- within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is
, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and...
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Jan 14, 2013
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don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
SFGTV2: San Francisco Government Television
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Jan 19, 2013
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we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to a country that has helped to make you what you are. steve jobs -- we had a tough column in the last issue. it was tough not about apple labor practices in china. here you had a man of great wealth was talking about cutting taxes and never really gave of his philanthropic wealth. poor bill gates, he gets nailed for being so square. you can disagree with some things. but
we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of...
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Jan 21, 2013
01/13
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he did allude to rewriting the tax code. something that perhaps democrats and republicans have been talking about doing. two very different approaches on how to do that. there is a sense of togetherness, neil, that tends to go away when you get back into governing. now, that continues to roll into governing the country. it is not easy. neil: it is very clear that this president has the support of the american people, although, his popularity is not as high as many who come into their second term. george bush had a higher approval rating. certainly, dwight eisenhower did. richard nixon did. we are reminded, it is rare that it goes up markedly from there. it usually stays or goes down. what do you hear he will do to keep that capital going? >> back capital, as you say, tends to go, depending on how the country goes. if the economy is improving, the president will take a measure of credit for that. he has shown some willingness, at least, in some areas to compromise. the problem is much of the same themes you are still hearing
he did allude to rewriting the tax code. something that perhaps democrats and republicans have been talking about doing. two very different approaches on how to do that. there is a sense of togetherness, neil, that tends to go away when you get back into governing. now, that continues to roll into governing the country. it is not easy. neil: it is very clear that this president has the support of the american people, although, his popularity is not as high as many who come into their second...
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Jan 17, 2013
01/13
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tax. you are going to learn about it tonight. please welcome roseanne demoro. he is now the dean of university of indiana school of public affairs out with a new book just now, the first i know of that gives suggestions and ideas -- specific public policy ideas he believed both the left and right can agree on. please welcome my friend john gramm. and she has a new assignment, just elected the congressional chair of the black caucus out of ohio. please welcome congresswoman marcia fudge. [applause] jeffrey, i want to start with you, in part because you have come the farthest, i guess you get to go first. i will keep you awake. i want to start, though -- i'm not the one that likes to use a bunch of statistics because they can be hard to follow. because this program right now is being seen live across the nation, i want to make sure that those watching can get a chance to contextualize what happened with the issue of poverty across the nation. these are issues that come from 1989. here's what
tax. you are going to learn about it tonight. please welcome roseanne demoro. he is now the dean of university of indiana school of public affairs out with a new book just now, the first i know of that gives suggestions and ideas -- specific public policy ideas he believed both the left and right can agree on. please welcome my friend john gramm. and she has a new assignment, just elected the congressional chair of the black caucus out of ohio. please welcome congresswoman marcia fudge....
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Jan 14, 2013
01/13
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b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be a attacked voluntary sis rously by people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become an american citizen. >> what would you say to the republicans who will say, look, they should be deported? >> yes. >> they should never have a path -- >> and you think what you say to them, look what your position got us in this last election. we need to pay attention to demographics. okay? i said we need to be the party of hope and opportunity. not the party of anger and resentment. >> illegal immigration is just one problem with our current system says michael bloomberg, the mayor of new york city and one of america's most successful
b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be a attacked voluntary sis rously by people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become...
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Jan 16, 2013
01/13
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CSPAN2
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let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans' concern that if they do anything on tax reform, that they may leave themselves up to the senate not to take action, and, therefore, they've taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt can crisis in terms of -- this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot basically be moved for
let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans'...
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Jan 16, 2013
01/13
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>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming with a top hat made of baby seal. the liberals have a communications degree with their mom's credit card. how do you tell the difference between the two? >> why would they admit it? they have to pay more and their dollar is going to the heritage foundation. >> it is because of this guy who is very hard for conservatives to have smoothy shops in eastern utah. >> the problem is now every conservative will have a hard time getting a cup of coffee. all coffee shops are liberal comme's. >> starbucks will retaliate. >> here is how we can identify people. if you voted for obama keep the bumper sticker on of
>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming...
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Jan 18, 2013
01/13
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. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped those two and others from illegally claiming 2.5 billi 2.5 billion in last refunds last year. they are stepping up enforcement but says more needs to be done. $35 million slipped through the cracks and so the irs says it's very successful at detecting and stopping in incorrect refunds when prisoner data is available it adds there are significant challenges getting complete and consistent data from the multiple jurisdictions involved. still the agency says if committed to enhancing the process is to further minimize prisoner refund fraud. >> it is now 44 after the top o
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped...
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Jan 20, 2013
01/13
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tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite because progressive is important to me. i don't want people to pay taxes if they have $20,000 a year worth of income, but at $30,000, i'd like people to pay 1 dollar, just $1.00 so they have a legitimate claim for saying i'm part of the society and i don't pay a lot but i pay something. everybody participates. there's no game playing. it's a very efficient way to pay taxes. right now it costs over $31 million a year to administer it. the tax gap that we theoretically owe is $41 billion a year. we can do better than that. we can think better than that. and the presi
tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 14, 2013
01/13
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 15, 2013
01/13
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FBC
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more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he inherited. melissa: that is fine. everyone is at fault. everyone contributed to to this we are in dire straits. we are broke. everyone is at fault. no one is fixing it. >> well, and he is trying to fix it. that is why $4 trillion total reduction if they get to that number, will stablize it and we'll be able to start making invests to see our economy grow. the one silver bullet in deficit reduction is economic growth. we need to get out of this circle we're in right now and start talking about growth. how we start moving t
more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he...
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Jan 20, 2013
01/13
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how much is going to be tax increases. how much is going to be spending cuts. definitely going to do that when it comes to gun control. i'm told you will see a very aggressive in effect national campaign by the president and vice president going out and appealing to various constituent groups. red state and quite frankly a lot of red state democrats are up for reelection to the senate in 2014. he has to put pressure on them. immigration reform trying to mobilize hispanic voters in some of the key states. i think you will see it on a variety of issues, the whole legislative agenda the president is going to play an inside game but you a much more active outside game as well. >> take a listen to a little bit of more of your interview with david plouffe on "fox news sunday." >> if you look at president regan he accomplished tax reform. there was good second term accomplishments. a few things. one it is not like we are roaming around the white house looking for things to do. on immigration, gun safety, deficit reduction. we have a pretty stacked agenda here and i th
how much is going to be tax increases. how much is going to be spending cuts. definitely going to do that when it comes to gun control. i'm told you will see a very aggressive in effect national campaign by the president and vice president going out and appealing to various constituent groups. red state and quite frankly a lot of red state democrats are up for reelection to the senate in 2014. he has to put pressure on them. immigration reform trying to mobilize hispanic voters in some of the...